Gross value added at basic prices (GVA) in Ghana
Ghana: Gross value added at basic prices (GVA) was 1.34 trillion current LCU in 2025. ◆ Volatile
Gross value added at basic prices (GVA) in Ghana, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Ghana is 1.34 trillion current LCU, measured in 2025. That is the highest value across all 65 years on record.
The figure is up 21.2% on the previous year and up 696.6% over ten years.
Over the whole period, gross value added at basic prices (gva) in Ghana peaked at 1.34 trillion current LCU in 2025 and was at its lowest, 78,500 current LCU, in 1960.
Ghana ranks 96th of 207 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) in Ghana, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 78,500 current LCU | — |
| 1961 | 82,900 current LCU | +5.6% |
| 1962 | 88,500 current LCU | +6.8% |
| 1963 | 98,200 current LCU | +11.0% |
| 1964 | 111,000 current LCU | +13.0% |
| 1965 | 127,800 current LCU | +15.1% |
| 1966 | 137,100 current LCU | +7.3% |
| 1967 | 134,300 current LCU | -2.0% |
| 1968 | 150,600 current LCU | +12.1% |
| 1969 | 175,800 current LCU | +16.7% |
| 1970 | 195,000 current LCU | +10.9% |
| 1971 | 219,900 current LCU | +12.8% |
| 1972 | 251,200 current LCU | +14.2% |
| 1973 | 322,000 current LCU | +28.2% |
| 1974 | 424,200 current LCU | +31.7% |
| 1975 | 474,200 current LCU | +11.8% |
| 1976 | 585,400 current LCU | +23.5% |
| 1977 | 1.03 million current LCU | +75.9% |
| 1978 | 1.96 million current LCU | +90.2% |
| 1979 | 2.67 million current LCU | +36.3% |
| 1980 | 4.13 million current LCU | +54.8% |
| 1981 | 6.98 million current LCU | +68.8% |
| 1982 | 8.35 million current LCU | +19.7% |
| 1984 | 25.67 million current LCU | +207.4% |
| 1985 | 31.80 million current LCU | +23.9% |
| 1986 | 50.87 million current LCU | +60.0% |
| 1987 | 74.45 million current LCU | +46.3% |
| 1988 | 104.90 million current LCU | +40.9% |
| 1989 | 140.43 million current LCU | +33.9% |
| 1990 | 191.14 million current LCU | +36.1% |
| 1991 | 242.49 million current LCU | +26.9% |
| 1992 | 279.14 million current LCU | +15.1% |
| 1993 | 345.69 million current LCU | +23.8% |
| 1994 | 468.58 million current LCU | +35.5% |
| 1995 | 703.93 million current LCU | +50.2% |
| 1996 | 1.01 billion current LCU | +43.0% |
| 1997 | 1.26 billion current LCU | +25.3% |
| 1998 | 1.55 billion current LCU | +22.8% |
| 1999 | 1.84 billion current LCU | +19.1% |
| 2000 | 2.43 billion current LCU | +31.8% |
| 2001 | 3.41 billion current LCU | +40.4% |
| 2002 | 4.38 billion current LCU | +28.4% |
| 2003 | 6.01 billion current LCU | +37.2% |
| 2004 | 7.30 billion current LCU | +21.5% |
| 2005 | 8.90 billion current LCU | +21.9% |
| 2006 | 17.40 billion current LCU | +95.6% |
| 2007 | 21.25 billion current LCU | +22.1% |
| 2008 | 27.97 billion current LCU | +31.6% |
| 2009 | 34.47 billion current LCU | +23.2% |
| 2010 | 41.88 billion current LCU | +21.5% |
| 2011 | 54.39 billion current LCU | +29.9% |
| 2012 | 70.63 billion current LCU | +29.8% |
| 2013 | 118.31 billion current LCU | +67.5% |
| 2014 | 144.24 billion current LCU | +21.9% |
| 2015 | 168.14 billion current LCU | +16.6% |
| 2016 | 203.02 billion current LCU | +20.7% |
| 2017 | 244.39 billion current LCU | +20.4% |
| 2018 | 286.96 billion current LCU | +17.4% |
| 2019 | 333.63 billion current LCU | +16.3% |
| 2020 | 368.11 billion current LCU | +10.3% |
| 2021 | 431.15 billion current LCU | +17.1% |
| 2022 | 576.00 billion current LCU | +33.6% |
| 2023 | 830.24 billion current LCU | +44.1% |
| 2024 | 1.10 trillion current LCU | +33.1% |
| 2025 | 1.34 trillion current LCU | +21.2% |
Ghana compared with similar countries
- Ghana's 1.34 trillion current LCU is below the median for lower middle income countries, which is 1.54 trillion current LCU, 87% of the median. (47 countries reporting)
- Ghana's 1.34 trillion current LCU is below the median for Sub-Saharan Africa, which is 7.39 trillion current LCU, 18% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) in Ghana changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1984 | +207.4% | 8.35 million current LCU | 25.67 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 118,470 current LCU | 78,500 current LCU | 175,800 current LCU | 10 |
| 1970s | 813,010 current LCU | 195,000 current LCU | 2.67 million current LCU | 10 |
| 1980s | 49.73 million current LCU | 4.13 million current LCU | 140.43 million current LCU | 9 |
| 1990s | 789.07 million current LCU | 191.14 million current LCU | 1.84 billion current LCU | 10 |
| 2000s | 13.35 billion current LCU | 2.43 billion current LCU | 34.47 billion current LCU | 10 |
| 2010s | 166.56 billion current LCU | 41.88 billion current LCU | 333.63 billion current LCU | 10 |
| 2020s | 775.00 billion current LCU | 368.11 billion current LCU | 1.34 trillion current LCU | 6 |
Countries ranked near Ghana
- 93 Spain 1.53 trillion current LCU compare
- 94 Morocco 1.50 trillion current LCU compare
- 95 Guinea-Bissau 1.40 trillion current LCU compare
- 97 Mozambique 1.28 trillion current LCU compare
- 98 Afghanistan 1.19 trillion current LCU compare
- 99 Cuba 1.07 trillion current LCU compare
More economy & growth data for Ghana
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.15 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 38.84 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1.11 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.91 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 8.08 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0167 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 54.42 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 23.42 % change on previous year (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) in Ghana?
- Gross value added at basic prices (gva) in Ghana was 1.34 trillion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Ghana?
- The highest recorded value was 1.34 trillion current LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Ghana?
- The lowest recorded value was 78,500 current LCU in 1960.
- How does Ghana rank for gross value added at basic prices (gva)?
- Ghana ranks 96th out of 207 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Ghana?
- Over the last ten years it is up 696.6%. The long-run trend across the full record is volatile.
- Where does this Ghana data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.